Long-run performance of the organised manufacturing sector in India : an analysis of sub-periods and industry-level trends

Basole, Amit and Narayan, Amay (2020) Long-run performance of the organised manufacturing sector in India : an analysis of sub-periods and industry-level trends. Economic and Political Weekly, 55 (10). pp. 35-44. ISSN 2349-8846

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Abstract

The Indian manufacturing sector has not increased its share in output or employment along expected lines. The aggregate trends in this sector at the 3-digit level of the National Industrial Classification from 1983 to 2017 are investigated here. Using data from the Annual Survey of Industries obtained from the EPWRFITS, it identifies three sub-periods within the overall period: 1988–96, 1996–2006, and 2006–17. A shift-share decomposition is used to show that most of the decline in the labour to capital ratio can be explained by within-industry changes. Finally, industries are analysed with respect to their capacity to deliver job and wage growth.

Item Type: Article
Uncontrolled Keywords: Indian Economy, Development economics, Manufacturing sector, Employment, labour, Wages, Industry growth,
Subjects: Social sciences > Economics
Divisions: Azim Premji University > School of Liberal Studies
Depositing User: Mr. Sachin Tirlapur
Date Deposited: 09 Mar 2020 06:49
Last Modified: 09 Mar 2020 06:50
Related URLs:
URI: http://publications.azimpremjifoundation.org/id/eprint/2258
Publisher URL: https://www.epw.in/journal/2020/10/special-article...

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